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Global Technology Banking involved in increasing number of skills export deals

Johannesburg, 17 Oct 2000

Global Technology , part of JSE-listed Global Technology Limited, currently has a number of its highly skilled and experienced consultants in Poland, Pakistan, Germany, Austria and Ireland, implementing GLOBUS, Temenos` world-leading banking solution.

Ken Theron, CEO of Global Technology Banking, says, "In deals totalling more than US$2 million, Global Technology Banking has begun the complete implementation of GLOBUS at Merita Nordbanken Group in Poland, Irish First Active and the State Bank of Pakistan. All of these implementations have been done through Global Technology Banking`s Johannesburg based GLOBUS Implementation Centre (GIC). In addition, we have provided GLOBUS implementation skills to Dresdner Bank in Germany and Panama, Raiffeisen Bank in Austria, Poland and Croatia and Delta Lloyd Bank in Holland."

The success of the GIC, which facilitates lower cost implementations by world-class consultants, has led to Temenos increasingly utilising Global Technology to implement GLOBUS for its northern hemisphere customers.

Theron adds, "The key benefit of these export deals is that Global Technology Banking earns dollar-denominated revenue, using local skills at Rand-based costs. The GIC also increases the speed of implementations while reducing the cost. Guaranteed timeous and accurate delivery to the customer has contributed to the success that Global Technology Banking has had, and continues to have, with its export implementations."

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GLOBUS

GLOBUS is a fully integrated system that encompasses the many different elements within a banking organisation, and automates functions based on a straight-through workflow methodology. It enables banks and other financial institutions to automate their banking activities, such as wholesale, retail, treasury and private banking, as well as back-office functions, as they move to the Web. GLOBUS is distributed across Africa by Global Technology and in Australia by Global Technology`s Australian arm, Solace Limited.

Global Technology

 

Global Technology is the leading supplier of software solutions to the banking, insurance and financial services sectors in Africa and Australia.